Russia has 38 per cent jump in energy export earnings this year: internal document August 17, 2022 Reuters Higher oil export volumes, coupled with rising gas prices, will boost Russia’s earnings from energy exports to $337.5 billion this year, a 38% rise on 2021, according to an economy ministry document seen by Reuters. The jump in revenues, if it materialises, will help shore up Russia’s economy in the face of waves of [...]
Shares fly in Manchester United after Musk jokes he’ll buy the team August 17, 2022 Shares in Manchester United surged 17 per cent in pre-marketing trade this morning after Elon Musk joked that he would buy the famous football club.
Victims of infected blood scandal to be given £400m by October August 17, 2022 The government will pay out £400m by October to thousands of people impacted by the so-called ‘infected blood scandal’ Up to 4,000 people will receive payments of £100,000 after contracting HIV and hepatitis C as a result of being given products imported from the US. Many were given infected blood as children in the form [...]
Rumours grow job hunter Boris Johnson will join the Daily Mail after leaving Number 10 next month August 16, 2022 Prime Minister Boris Johnson is reportedly busy job hunting as his time in Number 10 comes to an end. The Guardian reported this week that Johnson, who previously wrote for the Daily Telegraph on a salary of £275,000 a month, is looking for a new gig when he ends his term. In fact, he has [...]
Exclusive: Whitehall frustration at Johnson’s October deadline for UK-India trade deal August 12, 2022 Whitehall officials have raised concerns about Boris Johnson’s October deadline for a UK-India trade deal, with suggestions the PM’s “freestyling” could mean a lighter agreement than originally hoped. Johnson and Indian Prime Minister Narendra Modi agreed during an April meeting that there would be a “trade deal by Diwali”, which is on 24 October this [...]
Musk sells $7bn worth of Tesla shares as Twitter battle heads to trial August 10, 2022 Elon Musk has sold nearly $7bn (£5.7bn) worth of Tesla shares as his battle with Twitter over his botched takeover heads to court. Musk, tech entrepreneur and the world’s richest man, will head to trial on 17 October. Musk had sold $8.5bn (£7bn) worth of Tesla shares in April, assuring shareholders that he was not [...]
Furious Trump discloses Mar-a-Lago estate has been raided by FBI in search for White House records August 9, 2022 The FBI has searched Donald Trump’s Mar-a-Lago estate as part of an investigation into whether he took classified records from the White House to his Florida residence, sources have said. Disclosing the search in a lengthy statement, the former US president said that agents opened up a safe at his home and described their work [...]
Warren Buffett’s Berkshire Hathaway books $43.8bn loss after slide on equity markets August 6, 2022 Warren Buffett’s Berkshire Hathaway was hit by the global rout on equity markets in the second quarter of the year as it booked a hefty $43.8bn loss.
Twitter takeover should go ahead if it coughs up proof of accounts, Musk says August 6, 2022 Elon Musk has revived hopes that his Twitter takeover may go ahead after writing the deal should proceed “on its original terms” if the social media site provides its method for confirming accounts are genuine.
Boris Johnson goes on holiday despite prime minister having less than five weeks in office August 3, 2022 Despite his premiership ending in less than five weeks time, Boris Johnson is to begin a summer holiday today. Downing Street would not give details of where the Prime Minister would be spending his time off from Wednesday until the end of the week. But the Prime Minister’s official spokesperson said Mr Johnson will remain [...]